What is Medicare’s “Hold Harmless” Rule? TopicsPopular TopicsMost Recent Medicare Working Past 65 Lifestyle & Wellness Considering Retirement Existing Clients Employer Monthly Webinars As you may know, Medicare Part B (medical insurance) covers doctors, outpatient care and medical equipment. For those who collect Social Security benefits, these premiums are deducted from monthly Social Security payments. Social Security has a provision called the “hold harmless” rule, which means that Social Security payments cannot decrease from one year to the next. When the Part B premiums increase each year, they are funded by Social Security’s cost-of-living adjustment (COLA). Are You Protected Under the “Hold Harmless” Rule? The “hold harmless” rule protects Social Security recipients from paying higher Part B premium costs so long as: You were entitled to Social Security benefits for November and December of the previous year; The Medicare Part B premium will be or was deducted from your Social Security benefits in November 2018 through January 2019; You don’t already pay higher Part B premiums because of Income-Related Monthly Adjustment Amount (IRMAA) eligibility; and You do not receive a Cost of Living Adjustment (COLA) large enough to cover the increased premium. COLA is additional income given to Social Security recipients to protect against inflation decreasing the benefit’s purchasing power. Roughly 30 percent of Medicare Part B beneficiaries are not subject to the “hold harmless” rule. This includes individuals who: Do not receive Social Security benefits Are billed directly for their Part B premium Are eligible for both Medicaid and Medicare and have their premium paid by state Medicaid agencies Will enroll in Part B for the first time in the coming year Pay a premium related to their income CMS Acting Administrator Andy Slavitt said, “Medicare’s top priority is to ensure that beneficiaries have affordable access to the care they need. We will continue our efforts to improve affordability, access, and quality in Medicare.” Reach out to us at 1-877-222-1942 with questions you have regarding your Part B premium or Medicare in general. We are happy to advise you. If you are not yet a client, please email us at firstname.lastname@example.org or call us at 1-866-600-5638. Stay informed about Medicare An easy way to stay updated on Medicare and any important changes is to sign up for the free, customizable RetireMEDiQ newsletter. Based on your personal preferences and interests, helpful articles and community-related content will be sent directly to your inbox. Sign up for our newsletter Yes! Tell me more about Medicare and help me explore my options.Name First Email* Date of BirthMonth123456789101112Day12345678910111213141516171819202122232425262728293031Year202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995199419931992199119901989198819871986198519841983198219811980197919781977197619751974197319721971197019691968196719661965196419631962196119601959195819571956195519541953195219511950194919481947194619451944194319421941194019391938193719361935193419331932193119301929192819271926192519241923192219211920Phone*By entering your information, you are authorizing RetireMEDiQ to communicate with you directly regarding Medicare news and health care coverage.vidhiddenEmailThis field is for validation purposes and should be left unchanged.